https://www.taxtmi.com/acts?id=19054 Shipping income of an enterprise from operation in international traffic is taxable only in the State of residence, subject to a limited transitional allowance for source-State taxation in initial fiscal years under reduced rates. Exclusions apply to voyages within a Contracting State. Bareboat rentals incidental to ship operation, container use or rental, pooling and joint operating arrangements fall within the Article; gains on alienation are taxable only in the residence State if prior operations were taxed solely there or the assets are situated outside the other State at alienation. en-us Tue, 02 Dec 2014 13:16:21 +0530 Tue, 02 Dec 2014 13:16:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19054 Shipping income of an enterprise from operation in international traffic is taxable only in the State of residence, subject to a limited transitional allowance for source-State taxation in initial fiscal years under reduced rates. Exclusions apply to voyages within a Contracting State. Bareboat rentals incidental to ship operation, container use or rental, pooling and joint operating arrangements fall within the Article; gains on alienation are taxable only in the residence State if prior operations were taxed solely there or the assets are situated outside the other State at alienation. Act-Rules DTAA Tue, 02 Dec 2014 13:16:21 +0530 https://www.taxtmi.com/acts?id=19054